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YIKES! Just delving into the Condor Verticals. Darn I feel so ignorant. Don't know a darned thing. ___________________________ "The Condor Spread is an option strategy that is still confusing many option traders and option trading information websites. Almost...

ATTICUS I'm an old man. It is dark here at night. What the devil are you doing sitting at your computer on a Saturday night? :D :D Thanks for the bull vertical and a bear vertical. Both I presume debit spreads? I'll look it up, but not clear on that yet. I am sort of getting...

Traderlux Now YOU brought up an interesting idea. I was never able to make his method work. But I simply opened with a long option on one side and a vertical on the other side. I had never thought of converting a Long Straddle on the losing side with selling something, to convert it...

Except in this case I'm really selling to gain time decay from a debit spread? A weekly trade, so the buy side would shrink also, and I buy it back cheaper, as well as the sold side, I would sell off for whatever. Alright I got that wrong. I bought it, so I have to sell it. Hmnnnn...

ORCL Buy 26 - 1,15 Sell 27 - .35 Sell 28 - .05 Buy 29 - .02 Okay! I'm re-reading this stuff. Instead of doing a Condor, should have just done the Vertical. Got that. Hmnnnn! Going to think on that a bit. I can see 5 cents wasn't enough to bother about. Then again, busy trying...

I build Class A monoblock amps and R2R DACs in my spare time, but I am sure my per-hour rate is under minimum wage. I wouldn't want to have to make a living selling amps. Haven't a clue what these are? Anything like the fun I used to have hunting big sharks with a bang stick and shot gun...

traderlux thanks for the list of stocks, but I'm only doing straddles in QQQ for the time being. Indexes anyway, as there are no unexpected surprises and you can set parameters better. For the butterfly, condor, business that this novice is learning and obviously does not understand at...

QQQ is moving in a pennant formation and probably will break out next week. I expect a down breakout, but it doesn't matter to me. The Ebb and Flow method reacts to what the market does, AFTER it does it. Predicting direction is not part of the knowledge required. I don't have enough...

Atticus is talking about volatility calculations. Well in my novice experience, when I put on a LONG STRADDLE it is at the strike and the prices for both puts and calls is the same, whatever price it is. The ATM strike I read is the lowest volatility. So I am buying low volatility...

First item on the condors. ORCL closed just now with an +.81 cent profit. I didn't understand Atticus critique. I'm trying to figure out any nuances by paper practise, as my capital is tied up in Long Straddles right now. QQQ also closed with +.59 cents profit. SCS gave trouble...

Well Don I posted them because I'm bored. Several days of a tightening range bound market. It's my thread, so I feel free to do so. At least one person asked a question on the Condors, so it must be useful to at least one person. Novices express curiousity. Much of this is new to them, as...

Just the chart and the research that showed an earnings report was due in bout 10 days. So I figured it would stay fairly steady this week. Within condor parameters. At any rate, I'm just experimenting with some ideas. Paper trading. I don't think my Ebb and Flow method is going to...

Well while I wait for those days to get enough movement in my EBB AND FLOW will try 3 CONDORS paper trading this week. QQQ Buy 63 - .21 Sell 62 - .63 Sell 61 - .1.33 Buy 60 - 2.22 SCS Buy 15 - .15 Sell 7.5 - 1.30 Sell 17.5 - .15...

The Expiration Friday, weekly Long Straddle test. I tried it on the QQQ 62 strike and the 63 strike, as at the time the index was in the middle of the two strikes. The 62 strike ended up zero, at breakeven figuring in commissions. The 63 strike ended up losing ( -.22 cents) adding on the...

1) Sheesh! Hour into the Friday and the STOCK Condor, made money. 2) The QQQ index condor lost I think? Only targeted the price range, didn't figure the premiums for an actual condor paper trade. 3) The Expiration Friday, Long Straddle was making money, now losing money, see on it later...

Parliament. On the volatility discussion. The Ebb and Flow developing TRADE METHOD, is based on volatility. I think it was ATTICUS lit the light bulb over my head, when he described the option contract as a package of volatility. Anyway, the EBB and FLOW method is entering, buying...

Ha! Ha! Okay TSK TSk. Thanks for the clarification. And the reference. I will maybe get to this weekend to look up. I was just having a bit of fun with you guys. Playing my country, boy, ignorant, grass chewing straw in the mouth routine. :p Aw shucks and all that ! Curious to see...

Tsk Tsk I downloaded a pdf file from Taleb on lots of different egghead subjects. Now I know you and ATTICUS are poking fun at me. It wasn't like there were a half dozen words with over 8 letters. Over half of 8 mgbytes were big elongated words. Couldn't get my tongue around them even...

Tsk Tsk Hull and Taleb??? Will look it up. Thanks! Bought 1 Aug. 60 PUT at $1.60, to bring down my breakeven to $2.27 including commissions on an open leg of a straddle I have. The 1 contract STRADDLE already made +$114. Now I'm like the mafia. Just want to get rid of the loose end...

Well it is kind of confusing with my BLOG. THE SEREPENDITY TRADING. They re-did the BLOG format and now the entries I used to put in a column by number, no longer line up neatly for reading. They all run one after the other in a continuous line. Doesn't seem anything I can do about it? A...